After IPOs Vanished in Chile, a Startup Exchange Wants to Cash In on Thirst For Returns
- Copper miner Pampa Camarones set to be largest IPO on ScaleX
- Pension-fund regulator mulls allowing investment in bourse
The new startup-focused stock exchange in Santiago de Chile is part of a phenomena that’s garnered popularity in markets such as Canada and Spain.
Photographer: Tamara Merino/BloombergThis article is for subscribers only.
It was standing room only as Robert Mayne-Nicholls pitched the public debut of his copper-mining company Pampa Camarones to investors in Santiago’s financial district.
All the company needs, the chief executive officer said, is $7 million.